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118 Blackswarth Road
TENURE
For Sale
SIZE
13,487 sq ft
GUIDE £
Offers in excess of £1,379,000
- Detached roadside industrial unit extending to 13,487 sq ft
- Freehold
- Located within 0.3 miles of Carbase car dealership, highlighting strategic importance of the site
- Single let to Brent Cars Ltd (t/a Carbase) expiring 1st September 2035, providing a further 9 years of income
- Creditsafe rating of B, ‘Low Risk of business failure’
- Current passing rent of £100,000 per annum, equating to a passing rent of £7.41 per sq ft, with additional income of £6,000 from telephone mast
- We are instructed to seek offers in excess of £1,379,000 (One Million, Three Hundred and Seventy-Nine Thousand Pounds) subject to contract and exclusive of VAT.
- A purchase at this level reflects a net initial yield of 7.25% and a capital value of £102 per sq ft, assuming purchasers’ costs of 5.74%.
118 Blackswarth Road, Bristol, BS5 8AU
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